OPEN finance expert Mike Periu on the Home Price Index and the real estate market rebound.
The most important measure of home price performance in the U.S. is the S&P/Case-Shiller Home Price Index, which tracks changes in home prices on a national level and across important local markets. The index just released data for August 2012, which showed a respectable 2 percent increase in home prices across the country compared with the previous year, and a 0.9 percent increase compared to July 2012. The year-over-year increase is an important signal that home prices are stabilizing. While prices in key cities are on average 30 percent to 40 percent below peak prices, many cities have seen housing prices rebound significantly from the bottom.
Who is Mike Periu?
Mike Periu is the President of Proximo, LLC, a company that markets education and training programs to small business owners, entrepreneurs and consumers.
Mike Periu has been interviewed over 500 times for broadcasters including CNN, NBC TVE, RTE and others. Mike is a contributing author to OpenForum, Yahoo! Finanzas and the Huffington Post.
Mike graduated from Georgetown University in Washington, DC. His degrees are in Finance and International Business. In addition to his work Mike is also on the Board of the Council for Economic Education.
Learn more about Mike Periu
Mike works with small businesses to teach them about finance and management. He started Proximo, LLC, a company that offers small business education and training services focused on finance and technology.
Periu also writes for OpenForum, Yahoo! Finanzas the Huffington Post contributor.
Mike went to Georgetown University where he studied Finance and International Business. He also serves on the Board of the Council for Economic Education and was a Fellow at the Kauffman Foundation.
